Jpmorgan Chase Bank Gives Bank Loan to Women's And Girls' Cut And Sew Outerwear Manufacturing Company
Bank loans in New York are hard to find these days. We take a look at one New York bank loan, provided by a Texas bank, that was approved by the SBA.
Getting a small business loan in New York, New York was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND GIRLS' CUT AND SEW OUTERWEAR MANUFACTURING
NEW YORK, NY 10018
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
315239 - Women's and Girls' Cut and Sew Outerwear Manufacturing
Loan Approval Date
10/30/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 17 employees. This SBA loan request indicated that the loan would help retain 17 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in New York or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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